Shakti Pumps (India) Balance Sheet Health
Financial Health criteria checks 6/6
Shakti Pumps (India) has a total shareholder equity of ₹7.6B and total debt of ₹829.1M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ₹14.5B and ₹6.9B respectively. Shakti Pumps (India)'s EBIT is ₹2.1B making its interest coverage ratio 10.7. It has cash and short-term investments of ₹2.0B.
Key information
11.0%
Debt to equity ratio
₹829.11m
Debt
Interest coverage ratio | 10.7x |
Cash | ₹2.01b |
Equity | ₹7.56b |
Total liabilities | ₹6.95b |
Total assets | ₹14.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531431's short term assets (₹12.5B) exceed its short term liabilities (₹6.8B).
Long Term Liabilities: 531431's short term assets (₹12.5B) exceed its long term liabilities (₹98.0M).
Debt to Equity History and Analysis
Debt Level: 531431 has more cash than its total debt.
Reducing Debt: 531431's debt to equity ratio has reduced from 61.4% to 11% over the past 5 years.
Debt Coverage: 531431's debt is well covered by operating cash flow (65.6%).
Interest Coverage: 531431's interest payments on its debt are well covered by EBIT (10.7x coverage).